Published September 25, 2026 in Market Update

Primary market sales rose as listings stayed almost flat

By Maureen Harmonay

Real estate, Primary market

The one number that changes what you should do: the Real Estate Data Aggregator counted 1,094 homes sold across the Primary market in the three months ending July 31, 2026. That is up 20% from the same period a year before. New listings rose only 1.4%. More buyers, almost the same supply. That gap is the whole story.

Sales jumped 20% here. The National Association of Realtors reported existing-home sales rose only 1.6% year to date nationally through August 2026. This market moved at a much faster pace than the country as a whole.

The Real Estate Data Aggregator also counted 1,515 homes for sale across the Primary market. That is down 24.3% from a year before. Fewer choices for buyers can mean more pressure on the homes that do come to market.

Not every ZIP moved the same way

Some ZIPs ran fast. Some ran slow. The difference matters if you own a home in one of them.

The ZIP that moved fastest: 33486

The Real Estate Data Aggregator counted a median of 55 days on market in ZIP 33486. That is 20 days shorter than the same period a year before. Nearly 32 in 100 homes there went under contract within two weeks of listing, up 16.1 points from a year ago. Sellers here got 96.9% of their list price on average.

The ZIP with the highest price: 33432

The Real Estate Data Aggregator put the median sale price in ZIP 33432 at $1,850,000 for the three months ending July 31, 2026. That is up 19.4% from a year before. Homes here took a median of 119 days to sell, the longest of any ZIP in this market. Sellers got 92.8% of their list price on average, the lowest ratio here. Good homes sold, but patience mattered.

The biggest price jump: 33496

The Real Estate Data Aggregator recorded a median sale price of $1,430,000 in ZIP 33496, up 54.3% from the same three months a year before. Homes here also sold in a median of 63 days, 20 days shorter than a year ago. More than 27 in 100 went under contract within two weeks. Supply shrank 26.6%. That combination drove strong results.

The one ZIP where the median price dipped: 33441

The Real Estate Data Aggregator counted a median sale price of $440,000 in ZIP 33441, down 2.2% from a year before. That is the only ZIP in this market where the median price fell. Sales still rose 20.8%, and days on market shortened by 5 days. More homes sold, prices eased a little. Buyers who want a lower entry point may find this ZIP worth a closer look.

Speed across the market: how fast did homes go under contract?

What the wider market is doing

Freddie Mac put the average 30-year fixed mortgage rate at 7.03% as of September 24, 2026. The 15-year rate averaged 6.42%. Rates affect what buyers can afford, and that shapes what sellers can ask.

The National Association of Realtors reported 4.9 months of supply nationally, the highest level in over ten years. The Primary market, by contrast, had only 1,515 homes for sale, down 24.3% from a year before. Local conditions here are tighter than the national picture suggests.

CNBC reported that inflation-adjusted home prices fell 1.6% year over year in Miami. That is a nearby market, not this one. The Federal Housing Finance Agency put U.S. house prices up 2.1% year over year between the second quarters of 2025 and 2026. This Primary market outpaced both of those measures in most ZIP codes.

CNBC also reported that 194 ultra-luxury homes priced at $10 million or more sold in Miami-Dade County in the first eight months of 2026. That same report noted that 82% of Miami condo sales valued at $1 million or more in 2025 were all-cash transactions. Both figures are a reminder that cash plays a large role at higher price points in this region.